American Society of Breast Surgeons Foundation Inc

Analysis

American Society of Breast Surgeons Foundation Inc is a registered charity in United States, based in Kensington, MD. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Society of Breast Surgeons Foundation Inc reported income of $93k and spending of $141k, spending 152% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $93k (-69%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, American Society of Breast Surgeons Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within MD. Charities of a similar size with the same main cause include Jeremy Fund ($93k), Teton House Corporation ($93k) and New Hope Pastoral Ministries Inc ($93k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $106k (75% of expenses). At year end it held assets of $299k against liabilities of $0, net assets of $299k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.